Gas Prices Start out the New Year Higher than Past Five Years

Gas Prices Start out the New Year Higher than Past Five Years

Oil Prices Higher than One Year Ago
Elizabeth Carey
Gas prices are starting out the year much higher than one year ago.

Today’s national average price for a gallon of gasoline is $3.29, no change from last week. One year ago, the price was $2.26. The New York State average is $3.49, down one cent from last week. A year ago, the NYS average was $2.33. AAA Western and Central New York (AAA WCNY) reports the following averages:

  • Batavia - $3.44 (down two cents from last week)
  • Buffalo - $3.45 (no change from last week)
  • Ithaca - $3.49 (down one cent from last week)
  • Rochester - $3.50 (no change from last week)
  • Rome - $3.52 (no change from last week)
  • Syracuse - $3.45 (down one cent from last week)
  • Watertown - $3.50 (no change from last week)


Gas prices are starting out the year much higher than one year ago. The national average is $1.03 higher than a year ago, while New York’s average price is $3.49, $1.16 more than one year ago. January typically brings the cheapest prices of the year due to low demand, so motorists could see some relief. That depends on many factors including oil prices, which have a direct impact on pump prices. This morning, oil prices are up about $20 more per barrel compared to one year ago. 
Here’s a look at gas prices at the start of the new year (January 1-3) recently:

National Gas Price Averages at the Start of Each New Year

2017

2018

2019

2020

2021

2022

 

$2.35

$2.49

$2.25

$2.58

$2.26

$3.29

 


To conserve fuel, motorists should map routes, avoid peak traffic times like rush hour, and combine errands into one trip while using cruise control when possible. Drivers should also make sure tire pressure is at the vehicle’s recommended level for the best gas mileage while removing any unnecessary and bulky items from the car since it takes more fuel to accelerate a heavy vehicle. 

Motorists can benefit from comparing pump prices before filling up with the AAA Mobile App for iPhone, iPad, and Android - a convenient option to find the lowest gas prices in a given area. Plus, the app is the quickest way to request roadside assistance, map a route, find discounts, or book a hotel. 

AAA members receive discounts at gas stations such as Fastrac, Maple Leaf Market and Shell locations across the country. Learn more here. AAA members can save on gas by joining the Fuel Rewards at Shell program. Join now at AAA.com/Shell.

Motorists can also locate gas prices across the country and stay up-to-date on the latest news and fuel-saving tips at http://gasprices.aaa.com.